The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Business
Start-up of the month: Surreal
We speak to Jac Chetland, co-founder of Surreal: a cereal company that provides low-carb, high-protein and zero-sugar breakfast options.
Bunge to sell North America corn milling business to Grain Craft
Global agriculture group Bunge has announced that it has entered into definitive agreements to sell its North America dry corn and corn masa milling businesses to Grain Craft.
The Ryl Company secures $15m in Series B funding to accelerate expansion and innovation
The Ryl Company, owner of functional iced tea brand Ryl Tea, has secured $15m in Series B funding to fuel its innovation and expansion across the US.
Ferrero Group announces $445m investment in Ontario, creating 500 jobs
Ferrero Group has made a substantial $445 million investment to expand its production facility in Brantford, Ontario in Canada. This expansion is expected to create approximately 500 new jobs and enhance the company's manufacturing capabilities in the region.
ADM cuts jobs and shuts down China trading operations amid profit declines – Reuters
ADM has initiated the closure of its domestic trading operations in China, resulting in significant layoffs within its two largest business segment, Ag Services and Oilseeds.
Treehouse Foods cuts 150 jobs as part of planned operational changes
Treehouse Foods, a US-based private label food and beverage manufacturer, has announced that it is implementing planned changes to drive greater operational efficiency and save costs.
Olam to invest $500m into food ingredients business, divest other units over time
Olam Group has today revealed plans to invest $500m into its food ingredients business and divest all its other assets over time.
Rémy Cointreau CEO Éric Vallat to step down this summer
Rémy Cointreau has announced that CEO Éric Vallat will step down from his role this summer after more than five years in charge.
IFF opens new Citrus Innovation Center in Florida, US
IFF has announced the opening of a new Citrus Innovation Center in Lakeland, Florida, US, in partnership with Florida Polytechnic University.
Monster Beverage denies Spruce Point's allegation of slow growth and financial misconduct
Monster Beverage has released a statement in response to a report from short-selling firm Spruce Point Capital Management, claiming the report contained 'false' and 'misleading' characterisations about the company’s business.
Opinion: Global price volatility shows importance of turning to clean agriculture
Jim Mellon, executive chairman of Agronomics, explains how clean agriculture practices can reduce dependency on volatile global markets.
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